Protocol Weekly #35

Protocol Weekly is a newsletter to exclusively showcase the progress of Ethereum protocols and other layer 1 chains.

Hello to this (slightly) late edition of Protocol Weekly! This week has been pretty unexpected with the recent price action. A few souls on Crypto Twitter are already calling it a bull market. While sentiment has changed for sure, we’re still a while away before things go parabolic and there’s a rush of insanity in the markets again. Since the last bull market there’s been plenty of amazing developments in the industry. However we’ll end up with irrational exuberance followed by disillusionment once again.

This week, Parity’s made good progress with their test net finalising blocks in ~ 2 seconds. For those of you wondering about Cosmos vs Polkadot, I’ll actually be releasing an article later on this week about the differences between the two in a detailed level of specification. Both projects are working on the problem but have made some key decisions which separate their technical architectures and subsequent uses. Stay tuned for it.

Market Protocol also launched their MPX exchange on main-net — congrats team! Hopefully the amount locked in DeFi will accelerate even quicker now ;)

From Tony:

From Shane:

EDCON Hackathon participants! Here’s Kyber Network’s $1,500 USD Bounty: Integrate Kyber’s protocol into a DApp that utilises one of the scaling solutions. Visit kyber.network/hack to learn more. Register for the hackathon at edcon.io/hackathon

Kyber’s swap functionality was featured in a video about the Enjin Wallet on Samsung’s Galaxy 10 mobile phone.

Kyber Network Crystal (KNC) is now a supported asset on Coinbase Custody. Institutions and individuals can now securely store their KNC tokens with a regulated custodian.

From Jay:

AirSwap is co-hosting Fluidity Summit on May 9 at the Williamsburgh Savings Bank (Weylin). Limited early bird tickets are on sale now. You can stay up to date with event updates on the official Facebook Events page.

One thing we need help with:

AirSwap is looking for a front-end engineer to join our team! If you’re interested in what our team is working on at AirSwap, please submit an application in the “Careers” section here.